Keeping products under lock and key dissuaded customers from purchasing them, Walgreens said in earnings call.
The Justice Department has filed a lawsuit against Walgreens accusing the drugstore giant of filling millions of illegitimate ...
The CEO of Walgreens suggested that placing their products under lock and key may have actually backfired. "When you lock things up … you don't sell as many of them," he said. Walgreens’ plan ...
The CEO of Walgreens admits that locking up products to deter theft is irritating paying customers and is hurting sales. The company has found that people will leave without buying products ...
Walgreens and other retailers have had to combat so-called "retail shrink," or the loss of inventory from causes other than sales, Wentworth noted. The company took steps to secure more products ...
Walgreens Boots Alliance CEO Tim Wentworth conceded that locking up products in order to combat retail theft had a negative impact on stores. During an earnings call on Friday, executives ...
CHICAGO — Walgreens is closing five stores in Chicago ... that make it even harder for working families to access the care they need. Their actions are robbing our neighborhoods of essential ...